Karnataka Vikas Grameena Bank

The Karnataka Vikas Grameena Bank (Hindi: कर्नाटक विकास ग्रामीण बैंक):(KVGB), a Regional Rural Bank, was constituted on 12 September 2005 after amalgamation of four Regional Rural Banks (RRBs) namely Malaprabha Grameena Bank, Bijapur Grameena Bank, Varada Grameena Bank and Netravathi Grameena Banks as per recommendations of the Narasimhan Committee under Government of India Notification dated 12 September 2005. All four amalgamated RRBs were sponsored by Syndicate Bank and were located in Karnataka. The bank, thus formed, currently has 448 branches in rural areas of Karnataka, around Dharwad. After amalgamation, the level of the bank’s business was around 3263.73 Crores. After the merger, the RRB is called Karnataka Vikas Grameena Bank with its head office at Dharwad under the sponsorship of Syndicate Bank.

Area of operations

Head Office of the Bank is situated at Dharwad, located in the state of Karnataka. The bank is currently operating in 9 districts in the State which are:-

Products and services

The deposit products of the bank constitutes:[1]

The bank also provides several loan products and services such as:

Awards

Karnataka Vikas Grameena Bank was chosen for the award for excellent performance in implementation of the solar home lighting scheme of the Ministry of New and Renewable Energy (MNRE), Government of India.[2]

See also

References

  1. ↑ "Loves Me... Loves Me Not (1993)". IMDb.com. Retrieved 2015-07-02.
  2. ↑ "KVG Bank wins award for solar lighting". Thehindu.com. 2011-02-17. Retrieved 2015-07-02.
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